HDB Financial shares fall below issue price after 7% drop
In short
HDB Financial Services shares dropped 7% after its Q2 results and stayed below the issue price. Of 18 analysts tracking the stock, 10 say buy, six say hold and two say sell.
Nomura upgraded the stock to buy from neutral after the results. The report does not give the Q2 figures or the issue price.
What the reporting says
HDB Financial Services shares fell further below their issue price after a 7% plunge following Q2 results. The publisher summary says 18 analysts cover the stock, with 10 buys, six holds and two sells, and Nomura upgraded it to buy from neutral after the results. The reporting does not state the Q2 numbers or the exact issue price.
Why it matters
HDB Financial Services shares fell further below the issue price after a 7% drop linked to Q2 results. The coverage base remains mixed, with 18 analysts split between buy, hold and sell calls, while Nomura upgraded the stock to buy from neutral after the results. The reporting does not include the quarterly figures or explain the exact trigger for the sell-off.